The Overlooked Investment That Can Make Your Business More Profitable

Opinions expressed by Entrepreneur contributors are their own.

When you ask founders where the vast majority of their money goes, what are they going to say? Typically, they will cite some mix of customer acquisition, product development and office upgrades. One area that often goes unmentioned (and is frequently overlooked during lean times) is how businesses treat and invest in their people.

Benefits, employee development and culture initiatives are often viewed as “nice-to-have” budget add-ons. Still, in reality, they’re some of the most innovative ways a company can optimize its productivity and performance. When strategically applied, perks like peer mentorship, half-day Fridays, and paid conference access can directly boost

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

RFK Jr.’s Vaccine Panel Votes Down Its Own Proposal to Require Prescriptions for Covid-19 Shots

On the second day of a pivotal vaccine meeting that was at times heated, confusing, and chaotic, a group of federal advisers chosen by...

The CEO of a $183 Billion AI Startup Says There’s a ‘Need to Warn the World’ About AI Taking Jobs

The leadership at Anthropic, a leading AI startup that raised billions of dollars earlier this month, is cautioning the world that AI is...